Author: Erick Parel

Pushback Begins Against Trump’s Oil Agenda

Energy News Beat West Texas Intermediate has been trading around $70 this week after posting two weeks of declines. The last time shale producers pursued a flat-out production strategy, crude prices tanked to the $40s. Cheap oil may turn out to be one promise Trump can’t keep—because it’s not entirely up to him. President Trump […]

Kremlin responds to reports of Putin-Trump call

Energy News Beat Russia and the US maintain contact through various channels, spokesman Dmitry Peskov has said The Kremlin cannot confirm a direct phone call between Russian President Vladimir Putin and his US counterpart Donald Trump, spokesman Dmitry Peskov has said. He noted, however, that Moscow and Washington maintain dialogue through various diplomatic channels. On […]

Trump says he has spoken to Putin about Ukraine – media

Energy News Beat The New York Post hasn’t provided any quotes from the reported phone call in its interview with the US president US President Donald Trump has claimed to have discussed the Ukraine conflict with his Russian counterpart Vladimir Putin on the phone, according to the New York Post. The Kremlin has yet to […]

Trump to sanction ICC prosecutor – Reuters

Energy News Beat Washington has reportedly blacklisted Karim Khan in retaliation for a war crimes probe International Criminal Court (ICC) Prosecutor Karim Khan will become the first individual sanctioned by the United States under President Donald Trump’s executive order targeting the court, Reuters reported on Friday, citing sources familiar with the matter. Trump signed an […]

Why Keith Kellogg’s Plan is DOA: Avoiding the Catastrophic Downside Risk of Russo-Ukraine Negotiations

Energy News Beat ENB Pub Note: This article is by George McMillan III, on January 29, 2025, and he has been contributing to Energy News Beat in articles and guest spots on the podcast. His insights are critically needed in the Trump Administration as the Biden and Obama-appointed folks have removed much of the curriculum […]

Used Car and Truck Prices Heading Higher on Tight Supply, Strong Demand, after U-Turn in mid-2024 from Historic Plunge. Used EV Prices Jump

Energy News Beat By Wolf Richter for WOLF STREET. Inflation pressures are rebuilding in used vehicles. Prices of used vehicles sold at auctions where franchised and independent dealers replenish their inventories rose by 0.4% in January from December, seasonally adjusted (red line), and by 0.6% not seasonally adjusted (blue line), according to the Used Vehicle Value Index by […]

$300 Billion in Global Nuclear Energy Investment – is this in trouble because of DeepSeek

Energy News Beat ENB Pub Note: This is a fundamental question. Will DeepSeek lead to the cancellation of some nuclear power generation projects? What is the impact on the uranium market and the nuclear supply chain? Anas Alhajii brought this question up on X, and I think that it has several key issues. We are […]

Clean Energy? Miliband Pouring Taxpayer Billions Into Wood-Burning Plants Despite Greenie Concerns

Energy News Beat Ed Miliband plans billions in subsidies for biomass power, backing Drax despite criticism over emissions and deforestation concerns. ​ Ed Miliband [pictured above] is poised to announce billions in new subsidies for wood-burning power plants to prevent Britain from losing a critical source of electricity. [emphasis, links added] The Energy Secretary is […]

Poll: 7 In 10 Brits Prefer Economic Growth Over ‘Net Zero By 2050’

Energy News Beat Seven in ten Brits surveyed said they would rather the government prioritize economic growth over achieving net zero by 2050. ​ Voters in the UK say they want the government to prioritize economic growth over net zero, pollsters have found. [emphasis, links added] Exclusive polling for City AM by Freshwater Strategy found […]

DOE Chief Dismantling Biden-Era Policies, Vows To Restore Energy Dominance

Energy News Beat DOE Sec. Chris Wright plans to reverse Biden’s green policies, boost U.S. energy, cut costs, expand production, and restore energy dominance. ​Department of Energy (DOE) Secretary Chris Wright unveiled his first secretarial order on Wednesday in a move to overturn many of former President Joe Biden’s green energy policies and restore “energy dominance” […]